The Bushel & Strike, Ashwell

The Bushel & Strike, Ashwell

  • The Bushel & Strike, Ashwell  gallery image
  • The Bushel & Strike, Ashwell  gallery image
  • The Bushel & Strike, Ashwell  gallery image
  • The Bushel & Strike, Ashwell  gallery image
  • The Bushel & Strike, Ashwell  gallery image
  • The Bushel & Strike, Ashwell  gallery image
  • The Bushel & Strike, Ashwell  gallery image
Gallery View

Key Highlights

• Centrally located in the popular affluent village of Ashwell

• Stylish one bar operation with 40 covers and a separate restaurant/function facility capable of seating 60 covers

• Very attractive garden with a new decking area, popular with the local residents

• Three months rent free

• Payment for fixtures and fittings delayed for three months from ingoing

Pub Overview

This destination community pub attracts custom from the residents of Ashwell and its surrounding villages. It has been operated to a very high standard by the current operators who have a passion for delivering a fantastic pub experience for all their loyal and local consumers. There is also great opportunity to further utilise the large function room for hosting private parties, supper clubs and as a meeting room for local groups.

Suitable Applicants

This is an ideal opportunity for retailers who have experience of operating a destination community food business with a reputation for consistently good quality food. In order to maximise the sites potential, it is of paramount importance that applicants are community oriented and understand the importance of also sustaining community wet led trade.

Financial Overview

ANTICIPATED INVESTMENT REQUIRED

We estimate the Investment required for this pub would be as follows:

APPROXIMATE TOTAL Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings. 23700
Security Deposit Approximate figure, paid in advance to Wells & Co. Ltd held to cover credit and rental charges. Returnable at the end of the agreement. 9000
Stock and Glassware In the region of (paid to the outgoing licensee on the day of changeover) to cover the value of opening stock. 5000
Valuers Fees In the region of(paid to valuer) for valuing fixtures and fittings.Minimum working capital required 800
Training Course Fees   per person(payable to Wells & Co. Ltd) 5 day  induction course mandatory for all licensees – NB £800 for two people 500
Administration Fee In the region of(payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement 400
Advance Rent In the region of(usually 1 month)  0
Working Capital Minimum working capital required 8000
Fixtures and Fittings  Estimated valuation (paid to the outgoing licensee via the valuer at least 7 days in advance) to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment.  27000

Ongoing Costs

Service Charge Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only) 1820
Accountancy Services fees for a nominated accountant 2600
Stocktaking Services We recommend all licensees should have six professional stocktakes per annum 1560
Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

Mill Street, Ashwell, Hertfordshire, SG7 5LY
Destination community food
Total Investment 20k - 30k
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team